FundingShield featured on Forbes Magazine “Combating Wire Fraud In The Mortgage Industry” As real estate transactions have moved online, so have scammers who hope to intercept money that’s meant for down payments and funding loans. According to the FBI’s 2020 Internet Crime Report, nearly 14,000 people fell victim to real estate/rental fraud in 2020, which equated to a loss of more than $213 million… As published on: https://www.forbes.com/sites/forbesbusinesscouncil/2021/05/18/combatting-wire-fraud-in-the-mortgage-industry/?sh=4b9d7efc2e59
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Monthly Archives May 2021
eClosing MBA Demo Day
eClosing MBA Demo Day Come join FundingShield’s President, Adam Chaudhary at MBA’s eClosing Demo Day, May 20th 2:00 – 3:30 PM ET. We are pioneering the digitization of wire fraud prevention. Ensuring your funds impacting your closings and fundings are protected. Come join Us:
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HousingWire Reports FundingShield Q1 2021 Wire Fraud Market Risk Analytics
HousingWire Reports FundingShield Q1 2021 Wire Fraud Market Risk Analytics HousingWire reported FundingShield’s Q1-2021 Market Wire Fraud Risk Analytics showing that wire fraud & title fraud risks increased by ~90% from Q4 2020 to Q1 2021. 1 in 3 transactions had wire and title fraud risks during Q1 2021 and much of this risk was driven by growing adoption of eClosing solutions that lack third party oversight.
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#MIC21 – Innovator Insight, Data + Data Security Co
#MIC21 – Innovator Insight, Data + Data Security Co
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Ike Suri named MBA Tech All Star 2021
Ike Suri named MBA Tech All Star 2021 “Suri was not selected because he got a lot of nominations. The quality of his vision in the past four years has transformed how many of us work. Plus, it’s hard to ignore the head of a company that has reviewed more than $1 trillion (that’s trillion with a “t”) in closing value.” As quoted by MBA Continue Reading
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